$469,000
$30K PRICE DROP

Estimated payment $3,021/month

Total Views 1,146
4 Beds
4 Baths
2,288 Sq Ft
$205 Price per Sq Ft

Highlights

  • Creole Architecture
  • Fenced
  • Property has 1 Level
  • Courtyard
  • Wood Siding

About This Home

Rare opportunity in the Marigny for a legal four unit multifamily 1850 Creole Cottage. Beautiful treed garden/courtyard filled with citrus trees separates the front 2 units from the back 2 units at rear of property. The garden enhances privacy for all living spaces. Transform the front two units into a gracious single residence and rent out the back two units. Prime location in the 700 block of Port St. If your dream is to have an historic Marigny home with rental income, this is your vision come true. Original floors, 12 foot ceilings, many original cypress doors, clawfoot tubs in front duplex. Four separate electric meters and one water meter. Seller has lived in 720A since purchasing the property 27 years ago as well as having a writing/guest apartment in 722B. The two leased units, 722A and 720B, are tenant occupied requiring 24 notice to show. Apartment 722A is under current market rates. Location and opportunity should not to be missed. Anticipated to sell quickly as this is truly a rare and raw jewel. 24 hour notice to show as owner/tenant occupied.

Listing Agent

MAR PAULSON

Homesmart Realty South License #NOM:995705704 Listed on: 06/21/2025

Homesmart Realty South

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,113

Year Built

  • Built in 1990

Lot Details

  • Lot Dimensions are 29x130
  • Fenced
  • Property is in average condition

Home Design

  • Quadruplex
  • Creole Architecture
  • Raised Foundation
  • Shingle Roof
  • Wood Siding
  • HardiePlank Type

Interior Spaces

  • 2,288 Sq Ft Home
  • Property has 1 Level

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System
  • Internet Available

Additional Features

  • Courtyard
  • Outside City Limits

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 720-PORTST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,113

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Creole Cottage
  • Condition: Avg
  • ADA Features: No
  • Legal Description: 1. SQ 166 LOT 12 29X130 2. 720-22 PORT ST 3. WD/FR DBLE 10/RMS C/R
  • Lp Amt Sq Ft: 204.98
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 1.00000
  • Unit Level: 1
  • Year Renovated: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1990

Interior Features

  • Estimated Living Area: 2288
  • Total Sq Ft: 2288

Exterior Features

  • Pool Type: None
  • Exterior: Hardy Plank, Wood Siding
  • ExteriorFeatures: Courtyard, Fence
  • Foundation: Raised
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: None
  • Internet: Yes

Utilities

  • Air Conditioner: Window Unit
  • Electricity Provided By: Entergy
  • Gas Paid By: Tenant
  • Gas Type: Natural
  • Heating: Window Unit
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Num: 12/05
  • Lot Size: 29X130
  • Parcel #: 720-PORTST

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Owner

Multi Family

  • Total Bedrooms All Units: 4
  • Total Full Baths All Units: 4
  • Total Rent All Units: 1700
  • Total Units: 4
  • Unit Count: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,113 $38,740 $13,200 $25,540
2024 $5,191 $38,740 $13,200 $25,540
2023 $4,826 $35,610 $9,430 $26,180
2022 $4,826 $34,300 $9,430 $24,870
2021 $5,126 $35,610 $9,430 $26,180
2020 $5,177 $35,610 $9,430 $26,180
2019 $2,603 $17,230 $9,430 $7,800
2018 $2,655 $17,230 $9,430 $7,800
2017 $2,535 $17,230 $9,430 $7,800
2016 $2,615 $17,230 $9,430 $7,800
2015 $2,319 $15,600 $3,020 $12,580
2014 -- $15,600 $3,020 $12,580
2013 -- $15,600 $3,020 $12,580
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 For Sale $469,000 0.0% $205 / Sq Ft
07/24/2025 07/24/25 Pending -- -- --
07/16/2025 07/16/25 Price Changed $469,000 -6.0% $205 / Sq Ft
06/21/2025 06/21/25 For Sale $499,000 -- $218 / Sq Ft
Source: Gulf South Real Estate Information Network

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Source: Gulf South Real Estate Information Network

MLS Number: 2506063

Gulf South Real Estate Information Network

APN: 3-9W-1-072-26